Examples of Restructuring Transaction Retention Agreement in a sentence
In accordance with your Restructuring Transaction Retention Agreement, you have been awarded a grant of restricted stock.
This Agreement constitutes the entire understanding of the parties with respect to its subject matter and supersedes any other agreement or other understanding, whether oral or written, express or implied, between them concerning, related to or otherwise in connection with, the subject matter hereof; provided that: if Executive is entitled to payments and benefits under both Section 2 of this Agreement and the Restructuring Transaction Retention Agreement between MxXxxxxxx International, Inc.
Any transaction executed by Energy Manager in accordance with the delegation referred to in this Section 7.8 shall be automatically entered into between Energy Manager and Owner pursuant to a Back-to-Back Agreement.
Xx. Xxxx presently serves as Senior Vice President and Chief Financial Officer of B&W and has elected to terminate his employment with B&W in accordance with the Restructuring Transaction Retention Agreement by and between Xx. Xxxx and XxXxxxxxx International, Inc.
B&W desires to engage the services of Xx. Xxxx following the exercise of his rights under the Restructuring Transaction Retention Agreement to elect to terminate his employment and pending the search for a successor as chief financial officer, and Xx. Xxxx desires to provide such services.
Under the Restructuring Transaction Retention Agreement, Mr. Data is subject to certain non- solicitation, confidentiality and non-disclosure restrictive covenants, and the benefits described above (other than certain accrued benefits) are generally contingent upon Mr. Data entering into a customary release of claims with Company.
Notwithstanding any other provision in this Agreement, the retirement and other benefits that Xx. Xxxx may be entitled to as a result of his previous employment with B&W, including any benefits under the Restructuring Transaction Retention Agreement, shall continue in accordance with the terms and conditions of each respective benefit plan or other program.
Pursuant to the Restructuring Transaction Retention Agreement between you and XxXxxxxxx International, Inc.
For the avoidance of doubt, the Restructuring Transaction Retention Agreement by and between B&W and Executive dated as of November 5, 2014, that provides, among other things, for the payment of a cash retention award to Executive on June 30, 2018, shall remain in full force and effect.IN WITNESS WHEREOF, this Supplement has been duly executed by the Parties as of the date first indicated above.
Executive agrees that he is not and will not be entitled to any severance or other payments or benefits under (i) the Change in Control Agreement, entered into by and among the Company, Xxxxxxx & Xxxxxx Investment Company and Executive, effective as of August 11, 2010, (ii) the Restructuring Transaction Retention Agreement, entered into by and between XxXxxxxxx International, Inc.